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How soon after the deposit are funds available for withdrawal?

April 26, 2017deposit funds Soon withdrawal

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How soon after the deposit are funds available for withdrawal?

1 Answer

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Posted

New purchases and deposits are not available for withdrawal until ten (10) business days after your check is received by shareholder services. The ten business day maturity period also applies to purchases made through our ABC Investment Plan® and by online purchase. The funds will not be responsible for any processing delay by the bank.The maturity period was established to protect both our company and our shareholders from theft and fraud. Please note that purchases made by bank wire are available the next business day.